Nestled on an expansive 923m² (approx.) land parcel, this property presents a compelling opportunity for discerning investors. Comprising three separate units, all under one title, this versatile holding generates a substantial annual rental income of approx $48,000 per annum.
Boasting a solid income stream, these three units ensure a reliable return on investment from the outset. Beyond its immediate financial appeal, the property's sizable land offers exciting prospects for future development, allowing for potential expansion or redevelopment in line with your investment strategy ( STCA ).
Convenience is key, with local schools, shopping along Glengala Road, eateries, Sunshine Central, and public transport all within easy reach. This location is a commuter's dream, with seamless access to buses and train services.
Moreover, recreational amenities abound, with a number of parks and walking tracks in close proximity, providing an ideal backdrop for leisurely strolls, outdoor activities, and a breath of fresh air.
This property represents a seamless blend of immediate rental income and substantial future development potential. Don't miss out on this outstanding investment opportunity. Arrange your inspection today and secure your stake in this promising real estate venture.
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